Stocks post modest gain for second day
FE REPORT | Wednesday, 22 July 2020
Stocks posted a marginal gain for the second straight session on Tuesday as bargain hunters continued to show their appetite on major sectors' issues at the lowest possible prices.
The market opened on positive note and remained upbeat throughout the session amid ongoing virus scare and amid floor price mechanism.
At the end of the session, DSEX, the key index of the Dhaka Stock Exchange, went up by 15.64 points or 0.38 per cent to settle at 4,085.
Two other indices also edged higher. The DS30 index, comprising blue chips, advanced 7.40 points to finish at 1,372 and the DSE Shariah Index rose 4.28 points to close at 948.
The Chittagong Stock Exchange also ended higher with its All Shares Price Index (CASPI)-advancing 44 points to close at 11,621 and the Selective Categories Index - CSCX -gaining 28 points to finish at 7,044.
Of the issues traded, 75 gained, 27 declined and 101 remained unchanged on the CSE.
The port city bourse traded 2.19 million shares and mutual fund units with turnover value of Tk 59 million.